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Re: None

Sunday, 04/23/2017 11:44:20 AM

Sunday, April 23, 2017 11:44:20 AM

Post# of 98662
We know that as of Dec. 31,2016 Golden Gate had a little over 109mm shares from the 13G filing in Feb. 2017. Those shares convert at 80%, so it will be a long time paying those off. We don't know how many more shares Golden Gate is going to get, as the 109mm put them at the max of 9.99% of the OS. If revenues for the quarter are what they are claimed to be it would be nice to see management just pay them off in cash and be done with it. If they hadn't thrown 50k down the rat hole that is Four Oceans that would have been a good start at paying off Golden Gate.
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